Uber, Nuro and Lucid
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Uber is investing hundreds of millions of dollars into Lucid and autonomous vehicle technology startup Nuro in a bid to launch its own robotaxi service.
Lucid Group ( LCID 35.81%) stock is soaring today after the company announced a major new deal in the robotaxi space. The company's share price was up 40.2% as of 1:30 p.m. ET amid the backdrop of a 0.4% gain for the S&P 500 and a 0.7% jump for the Nasdaq Composite.
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Mark Fields, former Ford CEO, joins 'Power Lunch' to discuss Fields' take on Uber's deal with Lucid, how expensive the Lucid driverless taxis are and much more.
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Asianet Newsable on MSNUber To Deploy Lucid Gravity SUVs As Robotaxis On Platform: Retail Says ‘No One Cares Whether The Vehicle Is A Tesla’Uber will deploy 20,000 or more Lucid vehicles over the next six years, equipped with Nuro, Inc.’s Level 4 autonomy system, called Nuro Driver.
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